Ahmedabad Steelcraft (BOM:522273) Accounts Payable & Accrued Expense : ₹3.03 Mil (As of Mar. 2024)

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What is Ahmedabad Steelcraft Accounts Payable & Accrued Expense?

Ahmedabad Steelcraft's quarterly accounts payable & accrued expense declined from Sep. 2023 (₹3.84 Mil) to Dec. 2023 (₹0.00 Mil) but then increased from Dec. 2023 (₹0.00 Mil) to Mar. 2024 (₹3.03 Mil).

Ahmedabad Steelcraft's annual accounts payable & accrued expense increased from Mar. 2022 (₹1.97 Mil) to Mar. 2023 (₹4.25 Mil) but then declined from Mar. 2023 (₹4.25 Mil) to Mar. 2024 (₹3.03 Mil).

Ahmedabad Steelcraft Accounts Payable & Accrued Expense Historical Data

The historical data trend for Ahmedabad Steelcraft's Accounts Payable & Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Ahmedabad Steelcraft Accounts Payable & Accrued Expense Chart

Ahmedabad Steelcraft Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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3.62

2.37

1.97

4.25

3.03

Ahmedabad Steelcraft Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															4.25	-	3.84	-	3.03

Ahmedabad Steelcraft Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

Ahmedabad Steelcraft (BOM:522273) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Ahmedabad Steelcraft Ltd (BOM:522273) » Definitions » Accounts Payable & Accrued Expense

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Address

Ambli Bopal Road, 604, North Tower, One-42 Complex, Behind Ashok Vatika, Near Jayantilal Park BRTS, Ahmedabad, GJ, IND, 380 006

Website

http://www.steelcraft.co.in

Ahmedabad Steelcraft Ltd is engaged in the business of trading and exporting of steel windows and door sections. It offers various kinds of mild steel products, such as Sections, Angles, Flats, Flat bars and squares, Rounds, Beams, Channels, and Plates. The products are used in various industries like the steel angles are used in constructions, transmission and telecommunication towers and architectural applications; Steel Flat Bars are versatile product commonly used in fabrication work, for making frames and structures; and whereas the Plates have usages in a wide variety of application in all sectors of the Engineering Industries.

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